SCHEDULES
SCHEDULE 8Stamp duty land tax: charities relief
F1Charitable trusts
Annotations:
Amendments (Textual)
4
1
This Schedule applies in relation to a charitable trust as it applies in relation to a charity.
2
In this paragraph “charitable trust” means—
a
a trust of which all the beneficiaries are charities, or
b
a unit trust scheme in which all the unit holders are charities,
F2....
3
In this Schedule as it applies by virtue of this paragraph—
a
references to the purchaser in paragraphs (a) and (b) of paragraph 1(2) are to the beneficiaries or unit holders, or any of them;
b
the reference to the purchaser in paragraph 2(3)(a) is to any of the beneficiaries or unit holders;
c
the reference in paragraph 3(2)(b) to the charitable purposes of C is to those of the beneficiaries or unit holders, or any of them.
Sch. 8 para. 4 and cross-heading inserted (with effect in accordance with s. 302(7) of the amending Act) by Finance Act 2004 (c. 12), s. 302(2)